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Maruti Suzuki SUVs have surpassed competitors, but dominance is another matter

After being caught unawares by the SUV craze, Maruti overtook Mahindra to become India s largest SUV maker in the first half of FY24. It’s now looking to replicate its small-car supremacy in this space, but its hatchback sales are struggling. ....

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Small car demand won't rebound before 2 years at least: RC Bhargava, Maruti Suzuki, ET Auto

Maruti Suzuki s RC Bhargava expects small car market revival in two years post two-wheeler recovery, with EV production planned for European exports. Bhargava further says: "Maruti has avoided trying to give any kind of guidance on margins or profitability or any such thing. All I can say is that I am optimistic. The conditions in India are going to be favourable" ....

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Maruti Suzuki Q4 Results: Profit zooms 48% YoY to Rs 3,878 crore, beats estimates

Maruti Suzuki Q4 Results: The profit figure was higher than the Street estimate of Rs 3046 crore. The Board has also recommended a final dividend of Rs 125 per share for the financial year 2023-24. For the full financial year, the automakers standalone PAT stood at Rs 13,209 crore, up over 64% YoY compared to Rs 8,049 crore reported in FY23. ....

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